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20110701
20110731
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WJLA (ABC) 3
CSPAN2 1
KGO (ABC) 1
WMAR (ABC) 1
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
ABC
Jul 12, 2011 7:00am PDT
. >> neither side budged at the meeting that followed so let's bring in jake tapper and jon karl from capitol hill. jon, they tried to work on a smaller reduction deal but that didn't go much better. >> reporter: the divide is as deep as ever. they outlined 1.7trillion cuts, not enough but democrats called it completely unacceptable because it included cuts to medicare and no tax revenue increases. steny hoyer said he couldn't get a senior democratic vote for a plan. >> that means that it couldn't pass. courthouse have any idnew ideas >> reporter: they're pushing for the big deal, a lot of pain at one, entitle tks. president obama outlined the plan and said, you can't expect seniors to give up $500 when you went own ask for $5 from people like me. wealthy individuals. >> jon, the leader mitchell mcconnell is looking at a contingency plan which could be a short-term extension. >> reporter: he's tight-lipped about what they mean. they could give him a chance to accept that which he ruled out or one with no tax increases. >> the president very clear on that. >> reporter: he said he's not signin
ABC
Jul 26, 2011 7:00am EDT
)s, other big costs. jake tapper and jon karl have been tracking it. >> reporter: last night after their prime time addresses to house speaker john boehner was overheard saying he didn't sign up to go mano a mano with the president after the president called for congress to compromise. the president spoke sternly to the american people last night blaming house republicans, especially freshmen, for holding up a debt deal. >> the only reason this balanced approach isn't on its way to becoming law right now is because a significant number of republicans in congress are insisting on a different approach. >> reporter: house speaker john boehner responded that the president wants to continue his rampant spending. >> the president often said we need a balanced approach, which in washington means, we spend more and you pay more. >> reporter: right now there are two competing bills, to raise the debt ceiling and reduce the deficit. a house one that likely cannot pass the senate and a senate one that cannot likely pass the house. both cut more than $1 trillion in spending and do not raise ta
ABC
Jul 21, 2011 7:00am EDT
race than he was a few weeks ago. jon, we were talking earlier on the surface it seems like a few points shift but given the backdrop of this economy and unemployment it's pretty dramatic. >> and the factor seems to be the debt ceiling standoff. take a look at the numbers against mitt romney, the president last opened up a lead, a pretty significant lead you see there of 51% to 44%. the lead is even more dramatic against other other candidate. look where he was a month ago, mitt romney was tied with president obama. the big factor here, in fact, the only factor that has really changed is that independent voters have moved away from the republicans and towards the president. >> so independent voters watching the debt showdown and weighing in. >> reporter:s that sea exactly right and don't like the way the republicans have been handling it. >> speaking of the republicans you take a look at how they're stacking up with the race. a familiar name starting to inch up. >> romney is still the front-runner if you look at the republican field. but look who is number two, not even a candidat
CSPAN
Jul 6, 2011 12:00pm EDT
on a diet. i'm going to add calories to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing
Search Results 0 to 5 of about 6 (some duplicates have been removed)